Viewpoint: Small businesses remain bullish for 2023 wbjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wbjournal.com Daily Mail and Mail on Sunday newspapers.
By John Sundborg
Manufacturers of every size and across every industry, here in the Worcester area and elsewhere, are weathering unforeseen economic forces rising from the coronavirus pandemic. Demand for products has been upended, relationships with suppliers and customers are being tested, and liquidity issues have multiplied. Some have had to increase the production of goods, such as grocery items, household products and essential medical and protective equipment. Others, like aerospace, automotive and energy, have seen a decline in demand.
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John Sundborg
In addition, manufacturers must consider the health and safety of their people. They need to find a balance between keeping factories running and not subjecting employees to unnecessary health risks. The pandemic has highlighted the need to take forward-looking measures such as retooling technology systems to handle supply chain issues, inventory management and shifts in production processes.